Business Overview:
$330,000+ in Owner Benefit! Over 16 Years of Great Reputation!! Showing Consistent Growth Every Year!! Two Stores - One Price!! This Store is the real deal.
The Liquor Store is Owner Operated with well tenured employees assisting. The Inventory is properly systematized and consists of a huge selection of popular items.
Inventory is sold separately, valued at $575,000.
Nearby restaurants have done wholesale purchases from the store, and currently about 90% of the business is retail sales. This business has grown in sales every year since it was taken over by the current owners, with $1.6 Million in Sales Revenue on the Liquor Store side in 2021.
The Convenience Store is Employee Run with a single well-tenured employee in place. The Store has grown yearly since being purchased by the current ownership. Revenue comes from food and snack sales, Lottery Commissions, ATM and other sources.
You will step in to a professionally run business with years of experience behind you and make an excellent profit starting on day one!
This Liquor Store was purchased in 2006 and was barely doing enough to get by. It is now one of the most successful Liquor Stores in Spartanburg. The owners have done a fantastic job growing the business to a high volume high traffic store with tons of repeat customers and a huge inventory. In 2019, the adjoining Convenience Store was purchased and sales have doubled since the acquisition.
Location and Customer Service have made this business what it is today. The unit has been revamped on the inside and the selection is very large.
The Wholesale side of the business is currently about 10% of the total revenue, and could be adjusted to maximize profits.The current owners do not have a website or social media, and do not do much of any advertising. There is opportunity here for growth in marketing.
Two store locations connected to each other, in a busy location near large main roads and shopping centers
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Reason for Selling:
Other opportunity.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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